Lowe's Business Plan

708 Words3 Pages

Hello, Team
Because credit cards have been such a hot topic lately, I would like to take the time out to speak on some things. I’ve been selected to mentor the front end in hopes of driving credit card sales. After happily excepting the offer I began to think about ways I can reach out to employees and provide the most help. I realize the store is going to become busy and we all will need to attend to customer’s, so I want to get a head start on mentoring. During this season customer demand will increase and the opportunity to expand on sales will become more accessible.
Why are credit applications so important? Every time we open a credit card we are building customer loyalty. Sales are being increased and consumers are saving money every time they make a purchase. Most importantly big buyers are saving big. In addition, our promotions provide financing advantages. While we meet consumer expectations we are …show more content…

Lowe’s Account Receivables- Five percent off every day, no annual fee, Pay in full each month, Exclusive cardholder promotion, discounted delivery on ProServices purchases.
3. Lowe’ Business Rewards card (American Express)- Accepted at Lowes and everywhere American Express is excepted, earn rewards both inside and outside of Lowes store.
4. Lowe’s Business Accounts- Five percent off every day, no annual fee, Exclusive card holder promotions, and receive discounted delivery on Lowes purchases.
When offering a credit card, you may want to pay attention to your audience. According to our 2016 store meeting millennials were our top buyers. Millennials are anyone born between 1981 and 1996 (ages 22-37 in 2018). Focus on our top buyers! This doesn’t mean to neglect others. Every customer is a potential applicant. The more you ask the more your chances increase don’t be discourage by interacting with people who are not interested, every interaction is a learning process and growth towards your pitching skills. Determination is essential to obtaining